What Labviva does

Labviva is an AI-native procurement platform purpose-built for life sciences R&D organizations, founded in 2017 and headquartered in Boston, Massachusetts. The platform serves three distinct user constituencies: researchers and laboratory personnel at pharmaceutical, biotechnology, and academic institutions who need to source laboratory supplies, chemicals, antibodies, and equipment; procurement and finance departments managing R&D spend, supplier compliance, and contract enforcement; and life sciences suppliers (distributors, manufacturers) seeking direct access to enterprise research buyers. Labviva integrates natively with all major enterprise eProcurement systems (SAP Ariba, Coupa, Oracle Procurement Cloud, Microsoft Dynamics 365, JAGGAER) and provides access to over 15 million products from 18,000 manufacturers, a footprint described as representing approximately 90% of life sciences suppliers across the U.S. and Europe.

The technology stack is differentiated by "The Agentic Crew," a proprietary agentic AI architecture combining six purpose-built Small Language Model specialist agents (Purchasing, Sourcing, Compliance, Domain, Analytics, Inventory) coordinated by an LLM orchestrator. The architecture is explicitly designed for regulated scientific procurement, with compliance-by-design, auditability, and domain-specific training in chemistry and genomics. Supporting modules include the Inventory Management System (automated replenishment, EH&S compliance, up to 41% reduction in stocking and sourcing costs), Dashboard & Analytics (consolidated spend visibility), and Harper Scientific Selectors (scientist-centric interface for chemicals and antibodies). The platform aggregates product specifications, peer-reviewed papers, and experimental protocols to power AI-driven equal, functional, and exact match search.

Labviva operates a multi-sided SaaS marketplace with three revenue streams: annual subscription fees (quote-based enterprise pricing), transaction fees from suppliers calculated on gross product sales processed through the platform, and optional supplier services (branding, analytics, marketing). Go-to-market combines enterprise field sales targeting organizations with $6B+ revenue, channel partnerships through ERP/eProcurement integration providers, and a structured supplier onboarding process. The company has raised approximately $55 million in total funding across seed (2020), Series A led by Biospring Partners (March 2023), and Series B led by 53 Stations (January 2025). As of 2025-2026, Labviva is expanding internationally with a dedicated European operation led by General Manager Carlo Iannicola and has scaled to 51-100 employees.

Name

Labviva

Legal name

Labviva, Inc.

Website

https://labviva.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

Labviva is an AI-native procurement and inventory platform purpose-built for life sciences R&D, connecting pharmaceutical, biotech, and academic researchers with 15M+ products from 18,000 suppliers through native integrations with major ERP/eProcurement systems.

Ownership category

akta.pro rank

Product category

Life Sciences Procurement Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI)

akta.pro secondary industries

iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG), Scientific Data Management & Data Platforms (SDMS/Data Lakehouse for R&D) (HLAGAJAC)

Keywords

• Life sciences procurement
• Lab purchasing platform
• Scientific inventory management
• R&D spend management
• Supplier marketplace

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Platform Subscription: Labviva operates as a software-as-a-service platform providing procurement services to life sciences organizations. The platform is provided on a subscription basis with fees for Key Account Services as described in order forms.
2. Transaction Fees: Product suppliers pay transaction fees to Labviva based on the overall orders placed by customers processed through the Labviva Platform. Fees are generated from gross amounts of Listed Product sales and exclude shipping, handling, and taxes.
3. Additional Services: Labviva offers additional services including branding, analytics, and marketing services that suppliers can opt into for additional fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Labviva operates an AI-native, multi-sided SaaS marketplace that connects life sciences R&D buyers (pharmaceutical, biotech, and academic research organizations) with a network of 15+ million products from approximately 18,000 manufacturers and distributors. The platform automates the full source-to-pay lifecycle through proprietary agentic AI architecture combining six specialized Small Language Model agents with an LLM orchestrator, delivering unified purchasing, real-time inventory management, scientific product search with peer-reviewed citations, spend analytics, and native ERP/eProcurement integration.

Product overview

Labviva is an AI-native procurement platform for life sciences built as a platform-plus-modules architecture. The core product is the Labviva Purchasing Platform, which integrates with existing ERP/eProcurement systems (SAP Ariba, Coupa, Oracle, Microsoft Dynamics 365, JAGGAER) to provide researchers and procurement teams unified access to over 15 million products from thousands of suppliers. This core platform is augmented by specialized modules: the Inventory Management System for automated stock control and replenishment, Dashboard & Analytics for spend intelligence, and Harper Scientific Selectors for specialized chemical and antibody sourcing. In 2026, Labviva launched 'The Agentic Crew' as a purpose-built AI architecture combining six specialized SLM agents (Purchasing, Sourcing, Compliance, Domain, Analytics, Inventory) with an LLM orchestrator to automate the full source-to-pay lifecycle. The platform serves researchers/labs, procurement/purchasers, and suppliers through a unified SaaS interface that delivers 20% average cost savings in the first year.

Differentiator

Problem solved

Functional benefit

Products and services

• Labviva Purchasing Platform The flagship AI-powered procurement platform for life sciences R&D organizations that integrates with enterprise procurement systems (SAP Ariba, JAGGAER, Oracle, Microsoft Dynamics 365, Coupa) to optimize spend, aggregate supplier catalogs, and provide researchers with a unified purchasing interface. Provides access to over 15 million products from approximately 18,000 manufacturers, delivering 20% average cost savings in the first year.
• Labviva Inventory Management System Automated inventory management system that integrates with stock room systems to provide real-time visibility, automated replenishment triggers, and EH&S regulatory compliance tracking. Cuts stocking and sourcing costs by as much as 41% while keeping lab shelves stocked and spend on track.
• The Agentic Crew Purpose-built agentic AI architecture combining six specialized Small Language Model (SLM) agents (Purchasing, Sourcing, Compliance, Domain for chemistry/genomics, Analytics, and Inventory) with an LLM orchestrator to automate the full source-to-pay lifecycle for life sciences R&D organizations. Designed for regulated environments requiring compliance-by-design and full auditability.
• Labviva Platform for Suppliers Supplier-facing platform component that enables distributors and manufacturers to sell through the Labviva network, access new spend from pharmaceutical, biotech, and research customers, connect directly with buyers, and gain valuable customer insights. Partner suppliers report significant sales growth through the platform.

Quantifiable outcome

• 20% average cost savings in first year for customers
• +5 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability11 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered strategic partner, core integration partner, integration partner and infrastructure partner.

• Diversity Alliance for Sciencestrategic partnerStrategic or Co-development Partner · 6 December 2023Diversity Alliance for Science, Inc. is a leading organization committed to enhancing diversity and inclusion within the scientific and healthcare communities. Labviva joined as a member to support supplier diversity initiatives.
• SAP Aribacore integration partnerTechnology or IntegrationSAP Ariba is a leading eProcurement platform. Labviva integrates seamlessly with SAP Ariba to provide life sciences procurement capabilities within existing customer workflows.
• JAGGAERcore integration partnerTechnology or IntegrationJAGGAER is a procurement platform provider. Labviva integrates with JAGGAER to enable customers to search across multiple supplier catalogs within the JAGGAER interface.
• Oracle Procurement Cloudcore integration partnerTechnology or IntegrationOracle Procurement Cloud is an enterprise procurement solution. Labviva integrates with Oracle to provide additional capabilities for life sciences customers.
• Microsoft Dynamics 365integration partnerTechnology or IntegrationMicrosoft Dynamics 365 is an enterprise resource planning platform. Labviva integrates with Dynamics 365 for procurement and inventory management capabilities.
• Coupacore integration partnerTechnology or IntegrationCoupa is a business spend management platform. Labviva integrates with Coupa to enable seamless procurement workflows for life sciences organizations.
• Amazon Web Services (AWS)infrastructure partnerTechnology or IntegrationAWS is Labviva's hosting provider. All of Labviva's hosting providers are ISO 27001 certified for security compliance.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• ZAGENO: ZAGENO is an online marketplace for life sciences lab supplies, offering researchers a multi-supplier catalog similar to Labviva's marketplace. Both target procurement teams at pharma, biotech, and academic institutions seeking to consolidate fragmented purchasing of reagents, chemicals, and lab consumables.
• Science Exchange: Science Exchange operates a marketplace for outsourced research services and lab procurement in the life sciences R&D space. It shares Labviva's core buyer (pharma/biotech R&D procurement) and the multi-sided marketplace monetization model, though its primary focus is contracted research services rather than consumables.
• Scientist.com: Scientist.com is a marketplace connecting pharmaceutical researchers with pre-vetted suppliers of research services and products. Like Labviva, it targets procurement professionals at large pharma seeking to streamline external sourcing and enforce compliance across external research spend.
• Quartzy: Quartzy provides lab management and inventory/order management software for academic and commercial labs, including purchase ordering and supplier catalog aggregation. It overlaps with Labviva's inventory management and lab purchasing modules for academic and mid-market research customers.

Broad incumbents

• Coupa Software: Coupa is a leading business spend management (BSM) platform and one of Labviva's listed ERP integration partners. It competes indirectly by offering procurement, invoicing, and supplier management at enterprise scale and could extend its catalog capabilities into life sciences verticals.
• SAP Ariba: SAP Ariba is the dominant enterprise procurement and supplier network platform and a core integration partner for Labviva. It serves the same enterprise procurement buyers at large pharma and represents both a distribution channel and a competitive threat if SAP extends native life sciences catalog capabilities.
• JAGGAER: JAGGAER is a direct procurement platform provider with deep penetration in life sciences and manufacturing. Labviva lists JAGGAER as an integration partner; both target source-to-pay automation, though JAGGAER plays more broadly across indirect and direct spend categories.
• Oracle Procurement Cloud: Oracle Procurement Cloud is an enterprise source-to-pay suite and a listed Labviva integration partner. It serves many of the same large-pharma and academic procurement customers and could compete head-on if it adds specialized life sciences catalog or scientific sourcing features.
• GEP Worldwide: GEP provides AI-native procurement and supply chain software for large enterprises, including life sciences customers. It is a broader source-to-pay platform competing for the same enterprise procurement modernization budgets that Labviva targets with its specialized life sciences value proposition.

Emerging players

• Labviva-Exclusive SciBite (SciBite): SciBite provides semantic AI for life sciences terminology and data harmonization, including scientific catalog enrichment and ontology mapping for R&D. It is an adjacent emerging player whose capabilities overlap with Labviva's scientific product content enrichment and Harper Scientific Selectors features.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LabvivaNews
• LinkedInlinkedin.com/company/labviva

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds5 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Labviva